BSE benchmark Sensex rose 189 points to reclaim the 30,000-level and NSE Nifty went past 9,350 in early trade, buoyed by encouraging corporate earnings and a string of government reforms, including NPA resolution and steel policy.

The domestic equities also got a boost after the US Federal Reserve kept its policy rate unchanged in its two-day policy review.

L&T Technology Services (LTTS), the engineering services arm of Larsen & Toubro, said it has signed an agreement to acquire US-based design services provider Esencia Technologies Inc.

The company will pay $27 million (nearly Rs 180 crore) to acquire the California-headquartered firm and $15 million ( Rs 100 crore) will be paid upfront. "The rest will be paid over a period of four years," said Keshab Panda, chief executive officer and managing director, LTTS.

Coal India may consider revising coal prices this year in case sales volume doesn't pick up to compensate for the revenue loss arising out of grade revision of its 177 mines.

A senior company official said while the company had suffered poor sales in the last fiscal year as sales volume grew only 1.6 per cent cent at 543.16 million tonne (mt) against the targeted 8.8 per cent on account of lower than estimated power demand, the situation is gradually improving now and Coal India is likely to meet its offtake targets in the coming months.

New Delhi: Airports are pushing for Aadhaar-enabled entry into their premises to improve security and increase passenger throughput as air traffic peaks across India.

Currently, most passengers have to show their printed or mobile air tickets and a government identity card to enter airports.

The Securities Appellate Tribunal today admitted Reliance Industries’ plea against a Sebi order banning it from equity derivatives markets and will hear the matter next on August 8, with the firm saying it should be allowed to invest its surplus funds, including through mutual funds. Reliance Industries’ counsel Harish Salve requested the tribunal to allow it to at least invest its surplus funds in established mutual funds till the time an order is passed. In response, the tribunal said that once the company makes a separate application, Sebi can consider it and take a decision as per applicable law.

Indian shares were nearly unchanged on Wednesday as key corporate results including that of ICICI Bank Ltd remained in focus, with investors also keeping an eye out for the outcome of a two-day policy meeting of the US Federal Reserve. The Fed is widely expected to stand pat on interest rates, but may offer hints on the possibility of a rate hike in June.

NEW DELHI: Bajaj AutoBSE 0.64 % today reported a marginal 1 per cent increase in motorcycle sales at 2,93,932 units in April this year.

The company had sold 2,91,898 units of motorcycle in the same month last year.

Microsoft is introducing a Surface device aimed at students.

The Surface Laptop is the first Surface device without a detachable keyboard.

"Sarkar 3", starring Amitabh Bachchan, got in a legal trouble after Narendra Hirawat & Co filed a case against the makers of the upcoming Ram Gopal Varma's directorial. The makers have denied the claims.

Holder of copyrights of over 1,300 movies, Narendra Hirawat & Co acquired the copyrights of "Sarkar" franchise after the release of the second part and is in possession of prequel, sequel, remake and all other irreversible world negative rights in perpetuity.

Hyundai Motor on Tuesday started online booking for its range of cars for ease of customers across India. The company aims to garner around 10 per cent of its sales through the new initiative.

"Hyundai is a customer centric and innovative brand with a strong focus on digitalisation.

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